Tenants Fees

Holding Deposit
This is equivalent to one weeks rent.
Once we are in receipt of the holding deposit this will reserve the property.
Should you or any relevant person including any guarantor decide not to proceed with the tenancy, provide false or misleading information, delay in responding to reasonable requests or fail to sign any documentation such as the tenancy agreement or any deeds within 14 days, fail the “Right to Rent”
Your holding deposit will be retained by Compton Reeback Limited & the landlord.
Should the landlord decide not to proceed your money will be returned in full.

Security Deposit
This is equivalent to five weeks rent for rent under £50,000per annum
For rents over £50,00per annum it is equivalent to six weeks rent

Early Termination
Should the tenant wish to vacate early (surrender the flat) and the landlord agrees to this in writing.
The tenant will be responsible for the landlord re-letting costs, any rent due up to the time of the new tenant moving in & all the utility costs including council tax up to the day the new tenant moves in.

Unpaid Rent
Any unpaid rent late by 14 days or more due under the terms of the tenancy agreement will be subject to interest at 3% above Bank of England base rate

Change of Sharer
There is a £50 (inclusive of VAT) charge to cover the cost of referencing and Right to Rent checks.

New Documentation / Deeds / Variation
During the tenancy, the Tenant will be liable for £50 (inclusive of VAT) for every Variation of the Contract & for the preparation of any documents. Any variation to the tenancy agreement is strictly subject to the Landlords written consent.

Lost Keys & Fobs
Should you lose any keys or fobs you will be liable for the cost of replacement and mwhere necessary the replacement of the lock/s / security devices. You will be responsible for the cost of supply for all persons where required.